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Anova Metals commences development of Second Fortune gold mine

Underground mining at Second Fortune is planned for early 2018.
Cross section of proposed Second Fortune gold mine
Anova recently merged with Exterra Resources

Anova Metals (ASX:AWV) welcomes the arrival of mining contractor GBF Mining to its Second Fortune Gold Mine located within the 100% owned Linden Gold Project in Western Australia.

The mining contractor arrived on site over the weekend ahead of commencing portal development at the proposed underground gold mine.

Mine dewatering, camp expansion and other site preparations are progressing as planned.

The initial stage will see the construction of the portal, the development of the decline down to the first ore drive and the development and stoping of this drive.

This will produce a marketable parcel of ore for toll treatment and allow for a review of the geology, mining method and ore sorting prior to proceeding with further development.

Infill drilling adds confidence to resource

A total of 18 reverse circulation holes were drilled for 1,546.5 metres targeting the initial two shallowest mining levels.

Results included grades of up to 0.5 metres at 43.4 g/t gold and were in line with expectations and assist in refining the Main Vein grades and thicknesses planned for mining early in 2018.

Underwater survey

To ensure surveys of the underground voids were consistent with present plans, an underwater drone survey was conducted to inspect shafts and mine voids.

Video imagery and depth logs from the drone confirmed there were no unexpected mining voids and plans were consistent with those in use.

Dewatering of the historic workings is steadily progressing and will be completed in line with planned underground development.

Second Fortune

The fully permitted Second Fortune Gold Mine is a proposed underground operation within the Linden Gold project at the southern end of the highly gold endowed Laverton Tectonic Zone.

The Laverton Tectonic Zone hosts a number of world-class gold deposits including Wallaby (7.1 million ounces gold), Granny Smith (1.8 million ounces gold) and Sunrise Dam (7.0 million ounces gold).

Second Fortune has an Ore Reserve of 339,000 tonnes grading 6.0 g/t gold for 65,000 ounces, which remains open below 300 vertical metres.





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Anova Metals Timeline

Newswire
June 06 2017
Newswire
August 09 2016
Newswire
February 11 2015

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